Which ELSS or tax saving mutual funds are good for beginners?

If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

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I am a beginner and I want to invest in tax saver funds or ELSS. Recommend me some good funds.
--Poonam Raikar


Puneet Oberoi, Founder, Excellent Investment Advisorz, responds:

As you are new to equity , I will recommend two funds:

HDFC Tax Saver Fund
ICICI Pru Long Term Equity Fund

Both these funds are investing more than 80 per cent in giant caps and large caps.

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